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Steven Bowdich's profile image
Steven Bowdich's profile image
Steven Bowdich
  • Member since Oct 28, 2020
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Steven Bowdich's profile image
Steven Bowdich's profile image
Steven Bowdich
  • Member since Oct 28, 2020
Connect
Steven Bowdich
3
Votes |
12
Posts
Real Estate News & Current Events

New LLC and commercial loans

Steven Bowdich
Posted Nov 5 2020, 09:22

I have started an LLC with my brothers for buying some rental property but I cannot seem to find a bank willing to give out longer than a 10 year loan on properties sub 50k. Now I am in Wichita and a lot of these homes are turnkey but a 10 year note pretty much kills all potential cash flow. Are there any good options for getting a longer loan in an LLC.

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